Petrobras sells 14 more fields to 3R Petroleum

Petrobras announced, last Thursday (16), that signed a contract with 3R Petroleum Oil and Gas S.A., for the sale of all its participation in fourteen land fields of the Recôncavo Pole, located in the state of Bahia. 

The negotiation of the Recôncavo Pole, which has fields located in the municipalities of Candeias, Salvador, Santo Amaro, São Francisco do Conde, São Sebastião do Passé and Simões Filho, is valued at US$ 250 million, with US$ 10 million paid on this date and US$ 240 million at the close of the transaction.

"The amounts do not consider the adjustments due and the closing of the transaction is subject to compliance with previous conditions, such as approval by the National Agency of Petroleum, Natural Gas and Biofuels (ANP).

3R Petroleum takes along with the acquisition of the fields 13 treatment stations; The São Paulo Park – responsible for the storage, treatment and movement of oil from the pole, located in Campo Candeias; and the Candeias Center, with Compression Station and Natural Gas Processing Unit (UPGN).

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